The austenitic stainless steels utilized in the production of osteosynthesis devices are susceptible to crevice corrosion. Several studies have compared the corrosive behavior of austenitic and duplex stainless steels (DSS), both of which are recognized as viable biomaterials for tissue engineering applications. All of the in vitro and in vivo studies on animals and clinical results reported to date indicate that austeno-ferritic duplex stainless steel can be recommended as a suitable alternative to ASTM F138 steel, since it is resistant to crevice corrosion in the human body and presents superior mechanical properties. The use of DSS for biomedical applications is still under discussion, mainly due to the lack of knowledge of its behavior in terms of device heating or induced movement when exposed to magnetic fields, a potentially harmful effect for the human body. As a breakthrough production technology, additive manufacturing (AM) has demonstrated significant benefits for the fabrication of metal devices with patient-specific geometry. Laser powder bed fusion has particularly been used to manufacture DSS-based components. A fine control of the processing conditions allows for an understanding of DSS microstructural evolution, which is essential for selecting processing parameters and estimating performance, including mechanical properties and corrosion resistance. Furthermore, scientific investigation is necessary for determining the relationships among material, process, and magnetic properties, in order to establish the underlying principles and critical responses. The purpose of this review is to highlight the key performances of DSS for biomedical applications and to point out the relevant role of advanced processing technologies such as additive manufacturing.