In the epoch of the fifth generation (5G) of wireless communication, this survey article illuminates the nuanced landscape of 5G Channel Measurements and Models. It meticulously navigates the challenges, methodologies, and practical implications that define the implementation of this groundbreaking technology. Embarking on the exploration, the article unravels the Challenges in 5G Implementation, addressing technological hurdles and standardized protocols pivotal for seamless integration. Unveiling the Existing Methods and Technologies, it highlights Massive MIMO, millimeter-wave communications, and the integration of artificial intelligence (AI) as transformative elements shaping high-capacity wireless communication. Beyond the technical intricacies, the article delves into the Diverse Applications and Use Cases of 5G, promising a paradigm shift from the Internet of Things (IoT) to mission-critical communications. Frequency Considerations and Channel Bands take center stage, dissecting the critical spectrum domain and exploring high-frequency millimeter-wave bands for enhanced data rates. Addressing concerns, the survey scrutinizes Health Concerns and Regulatory Considerations, presenting a balanced perspective on the impact of 5G networks on health and regulatory landscapes. The Benefits Over 4G and LTE drive the transition, with enhanced data rates, lower latency, and massive device connectivity distinguishing 5G. The environmental impact is considered in Energy Efficiency in 5G Networks, exploring strategies and innovations for making 5G networks more energy-efficient. Global Standards and Interoperability become imperative for 5G's global potential, examining ongoing efforts by standardization bodies for a unified framework. The exploration extends to the realm of 5G Channel Measurements and Models, dissecting Massive MIMO Channel Measurements, Millimeter-Wave Channel Measurements, Beamforming, Antenna Array Configurations, Time-Variant, and Time-Invariant Channel Measurements, Channel Modeling, and Measurement Tools and Techniques. Critically addressing Challenges in 5G Channel Measurements and Models, the article explores limitations and proposes avenues for future research. This survey article serves as a definitive compendium on 5G Channel Measurements and Models, unraveling the complexities, challenges, and opportunities inherent in the deployment of this transformative technology. Its holistic examination provides a valuable resource for researchers, practitioners, and industry stakeholders navigating the dynamic landscape of 5G wireless communication.