Due to its exceptional quality as a biomedical metal, stainless steel is often utilized to produce a broad range of medical tools. The resistance of stainless steel to corrosion is a key indicator of how long and how effective it will serve its intended purpose, and it is an important factor in determining the biocompatibility of the material. However, due to the complex physiological environment within the human body, the corrosion management of medical-grade stainless steel is facing several challenges. In this article, an overview of the factors that influence the corrosion performance of medical-grade stainless steel is provided, and new technologies and methods that have been developed in recent years to improve the corrosion resistance are discussed. These cutting-edge methods are expected to improve the corrosion resistance and longevity of medical-grade stainless steel, providing strong support for the increased applicability of the material in the medical industry.