Over the past three decades, optical visualization measurements based on the Refractive Index Match (RIM) method have played a significant role in the experimental studies of fluid-solid interaction. The RIM method, which coordinates the refractive indices of the liquid and solid materials in the experiment, dramatically reduces the observation error due to optical refraction. However, the existing literature on RIM has not systematically reviewed the various applications of this technique. This review aims to fill this gap by providing a comprehensive overview of the RIM technique, examining its role in material selection for fluid-solid interaction studies, and scrutinizing its applications across various engineering disciplines. The paper begins with a brief introduction to the RIM technique and then turns to material selection and its various applications in fluid-solid interaction. It also enumerates and analyzes specific RIM-based optical measurement techniques such as Laser Doppler Velocimetry (LDA), Particle Tracking Velocimetry (PTV), and Particle Image Velocimetry (PIV) from various research perspectives in previous studies. In addition, it summarizes RIM formulations categorized by different applications in liquid-solid interaction fields. RIM-based measurement techniques generally offer intuitive, non-intrusive, cost-effective, and convenient advantages over traditional methods. The paper also critically evaluates the strengths and limitations of different materials used in RIM experiments and suggests directions for future research, emphasizing the need to develop environmentally friendly and cost-effective RIM materials.