Applications of laser-induced breakdown spectroscopy (LIBS) are growing rapidly and continue to extend its horizon to include a broad variety of materials. The recent progress made in the field has transformed LIBS from being an elemental analysis technique to the one applicable for the analysis of molecularly complex biological samples and specimens. LIBS has thus, proven its capability as detection, characterization and identification tool for studying a range of biological specimens and biomaterials. A review is presented here to discuss recent developments and future potential of LIBS and its viability for possible biomedical applications.