This research emphasizes the development of biocompatible Ti-xNb (0, 5, 10, 15, 20, and 25 wt.%) alloys through powder metallurgy to attain a lower elastic modulus, high strength, low wear, and high corrosion resistance appropriate for biomedical implants. The developed alloys were comprehensively analyzed through microstructural, physical, mechanical, electrochemical, biological, and tribological investigations to assess their suitability by comparing their properties with commercially pure titanium (cpTi). The outcomes demonstrate, powder metallurgy is an effective route for developing Ti-Nb alloys with several desirable properties. Incorporating niobium (Nb) into titanium (Ti) introduces the β phase within the alloys, which increases with Nb concentration and contributes to decreasing the elastic modulus to as low as 43.47 ± 4.9 GPa. All Ti-Nb alloys exhibits higher hardness and compressive strength than cpTi, with values of 403.23 ± 21.38 HV and 1322.45 ± 25.64 MPa obtained for the Ti-10Nb alloy. A lower concentration of Nb shows comparable corrosion resistance of the Ti-Nb alloys to cpTi, whereas a higher Nb concentration is unfavorable. Furthermore, the tribological findings demonstrate superior antifriction and antiwear properties in all Ti-Nb alloys compared to cpTi. Notably, Ti-10Nb displays outstanding wear resistance with a 41.82% lower friction coefficient in dry conditions and 31.11% in simulated body fluid (SBF), along with 81.08% reduction in wear volume in dry conditions and 63.11% in SBF compared to cpTi. Among all developed alloys, Ti-10Nb exhibits various desired properties, suggesting its potential as an alternative to cpTi for biomedical implant applications.