Recent advances in micro‐ and nanotechnologies coupled with the need in biology and medicine to perform cellular scale studies and productions have led to the emergence of a variety of microscale biological reaction systems. These microbioreactors are promising as low cost modules for optimizing bioproduction processes, highly parallel analytical platforms for screening pharmaceutical drugs, therapeutic implements for treating disorders and deficiencies, and examination tools for exploring basic physiological responses and biological reactions. This article summarizes the basic concepts, designs, and applications of microbioreactors with a special focus on medical, pharmaceutical, and cell biological applications. Important concepts include scaling laws and how the small size of the microbioreactors affects fluid flow, mixing, mass transport, heat transfer, and sterilization. Examples of specific microbioreactors for fermentation, drug toxicity screening, drug administration, assisted reproduction, and basic cell biological and physiological studies are also discussed. Microscale phenomena provide both a challenge and an opportunity for the development of microbioreactors.