A number of conducting polymers (CPs), such as polyaniline (PANi), as well as functionalized aniline copolymers and composites, which are simultaneously biodegradable and conductive, have been conceptualized as electrically conductive polymer based scaffolds for tissue engineering (TE) in recent years. The rationale behind these scaffolds is to induce “electroactivity” in scaffolds, as many research works have shown that an intrinsic electrical activity leads to both increased rates and improved healing of damaged tissues. PANi is the conductive polymer of choice because it is economical and easy to process with a variety of methods. The resultant PANi based biomaterials have shown to exhibit excellent biocompatibility, conductivity, processability, positive cellular effects, as well as an intrinsic antibacterial effect in numerous research studies. The analysis of the literature has revealed that PANi based scaffolds have been investigated for TE applications including skin/wound healing, bone, cartilage, nerve/spinal cord, vascular, skeletal muscle and the treatment of infertility. Although PANi based materials find widespread applications in other sectors, they are still far away from being commercially exploited as scaffolds for TE despite the positive research results. This review aims to discuss and critically assess the current state of PANi based TE scaffolds for the different applications. A future perspective for utilizing PANi based biomaterials for applications in TE is discussed, including recent considerations about potential cytotoxic effects.