NiTi alloys have drawn significant attention in biomedical and aerospace fields due to their unique shape memory effect (SME), superelasticity (SE), damping characteristics, high corrosion resistance, and good biocompatibility. Because of the unsatisfying processabilities and manufacturing requirements of complex NiTi components, additive manufacturing technology, especially laser powder bed fusion (LPBF), is appropriate for fabricating NiTi products. This paper comprehensively summarizes recent research on the NiTi alloys fabricated by LPBF, including printability, microstructural characteristics, phase transformation behaviors, lattice structures, and applications. Process parameters and microstructural features mainly influence the printability of LPBF-processed NiTi alloys. The phase transformation behaviors between austenite and martensite phases, phase transformation temperatures, and an overview of the influencing factors are summarized in this paper. This paper provides a comprehensive review of the mechanical properties with unique strain-stress responses are also explained, which comprise tensile mechanical properties, thermomechanical properties (e.g., critical stress to induce martensite transformation, thermo-recoverable strain, and superelasticity strain), damping properties and hardness. Moreover, several common structures (e.g., a negative Poisson’s ratio structure and a diamond-like structure) are considered, and the corresponding studies are summarized. It illustrates the various fields of application, including biological scaffolds, shock absorbers, and driving devices. In the end, the paper concludes with the main achievements from the recent studies and puts forward the limitations and development tendencies in the future.