Flexible biosensors play a crucial role for healthcare management and disease diagnosis. Electrochemical biosensors have attracted significant attention for wearable sensing applications owing to their numerous advantages, including high sensitivity and selectivity, inherent miniaturization and rapid response times. Challenges lie in the development of highly conductive and flexible electrodes that can be integrated with biorecognition components to engineer selective biosensor interfaces. Carbon nanotubes (CNTs) hold significant promise as materials for wearable flexible sensor fabrication. This review highlights recent strategies for fabricating conductive and flexible electrodes, whether in the form of films or fibers, based on CNTs and their composites. Additionally, the review explores emerging biosensing applications, including flexible sensors for the direct electrochemical detection of biomarkers, sensors functionalized with enzymes, antibodies, or DNA, and sensors interfaced with cells to monitor transient biochemical signals.