Wearable therapy represents a research frontier where material science, electrical engineering, and medical disciplines intersect, offering significant potential for remote and portable healthcare. Unlike conventional approaches that rely on rigid materials, the ability to stretch is crucial for therapeutic devices to achieve enhanced mechanical adaptability. Moreover, the conformable integration of these devices into the body is pivotal in establishing reliable interfaces for long‐term treatment. These emerging devices provide an attractive platform for developing new therapeutic protocols that do not disrupt daily activities. This review comprehensively overviews recent progress in stretchable and body‐conformable electronics for wearable therapeutic applications. The discussion begins with the design and fabrication of these devices through structural designs and material innovation. The therapeutic mechanisms adopted by these devices are then systematically explored. Furthermore, the article delineates the crucial characteristics of wearable therapeutic devices, such as biocompatibility, secure skin attachment, and effective moisture management. This review article is poised to inspire innovative device designs and treatment protocols for future medical technology.