Physical sensors form the fundamental building blocks of a multitude of advanced applications that detect and monitor the surroundings and communicate the acquired physical data. The everlasting need for more compliant, low-cost, and energy-efficient sensor solutions has led to considerable interest in enhancing their features and operation limits even further. While graphene has emerged as a promising candidate material, due to its outstanding electrical and mechanical properties, it is still not available in large volumes for practical applications. Meanwhile, Laser-Induced Graphene has opened new perspectives for a versatile, durable, printed physical sensing platform capable of detecting various physical parameters across a range of conditions and subjects. In this review, LIG physical sensors were categorized into four broad types based on their transduction mechanism: mechanical, thermal, magnetic, and electromagnetic. We summaries various design strategies established for preparing reliable physical sensors without the involvement of chemical treatments, synthesis, and multi-step fabrication processes. The review considers the effects of laser choice, lasing environment, and parameters on graphene properties. We also discuss a broad spectrum of applications of LIG physical sensors in fields ranging from healthcare, tactile sensing, environmental monitoring, energy harvesting, and soft robotics to desalination and THz modulation.