Deuterium, an isotope of hydrogen, holds significant promise across a spectrum of scientific and industrial domains, particularly within the realms of nuclear technology, chemistry, and pharmaceuticals. This comprehensive review explores the multifaceted applications and implications of deuterium utilization, spanning from its role in nuclear fusion reactors to its incorporation into organic molecules for medicinal purposes. In the field of nuclear fusion, deuterium serves as a primary fuel source, offering the potential for clean, sustainable energy production through controlled fusion reactions. Detailed experimental studies have revealed the efficacy of electrolysis-based methods for deuterium enrichment, leading to substantial increases in deuterium concentration within water and organic solvents. Moreover, novel approaches such as laser stimulation have been investigated to enhance the efficiency of deuterium extraction and fusion processes. Beyond nuclear fusion, deuterium finds extensive use in organic chemistry, where isotopic labeling techniques enable the synthesis of deuterated compounds with altered chemical and pharmacokinetic properties. This includes the production of deuterated polyunsaturated fatty acids (D-PUFAs), offering new avenues for drug development and metabolic research. Economically, the commercialization of deuterium-based technologies presents lucrative opportunities for industries involved in energy production, pharmaceuticals, and materials science. The increasing demand for deuterated compounds underscores the importance of efficient and sustainable methods for deuterium extraction and enrichment. Looking ahead, ongoing research endeavors aim to further optimize deuterium-related processes, enhance fusion reactor efficiency, and explore novel applications in fields such as isotope geochemistry and environmental remediation. However, challenges remain, including the scalability of deuterium production, regulatory hurdles, and geopolitical considerations surrounding deuterium-rich regions. In conclusion, the comprehensive examination of deuterium's diverse applications underscores its pivotal role in advancing scientific understanding and technological innovation. By harnessing its unique properties, researchers and industries alike stand poised to unlock new frontiers in energy, medicine, and beyond.