Acoustic holography can be used to construct a desired wavefront at a desired 2D plane or 3D volume by beam shaping an emitted field and is a relatively new technique in the field of biomedical applications. Acoustic holography was first theorized in 1985 following Gabor's work in creating optical holograms in the 1940s, and the recent developments in 3D printing have led to an easier and faster way to manufacture monolithic acoustic holographic lenses which can be attached to single element transducers. As ultrasound passes through the lens material, a phase shift is applied to the waves, causing an interference pattern at the 2D image plane which forms the desired pressure field. This technology has many applications already in use and has become of increasing interest for the medical community, particularly for treating regions that are notoriously difficult to operate on, such as the brain. Acoustic holograms could provide a non-invasive, precise, and patient specific way to deliver drugs, induce hyperthermia, create tissue cell patterns, and help many other fields of medicine. However, there are still limitations holding acoustic holograms back such as the difficulties in creating 3D holograms and the passivity of the monolithic lenses. This review will aim to outline the biomedical applications of acoustic holograms reported to date and discuss their current limitations and the future work that is needed for them to reach their full potential in the biomedical community.