Graphene has been considered as excellent two dimensional support in recent-times for next-generation graphene-polymer composites towards the development of biosensors. The remarkable properties of polymer and graphene with respect to electrical, mechanical, optical and structural aspect offers an ideal composite support for the development of biosensor. The frontiers of this composites technology is by combining of the polymer and graphene through synergy to achieve the goal of enhanced performance of biosensors with good efficiency and cost effectiveness. Graphene combined with polymer enhances the performance of biosensors in terms of sensitivity, selectivity, response time, and multiplexing capability of biosensors for clinical diagnostics. In this chapter, various methods have been provided to produce the polymer-based graphene composite materials and also discussed the importance of the composite materials to the development of biosensors for clinically important analytes, DNAs, aptamers and immunosensors.