Rhenium Disulfide (ReS2) has evolved as a novel 2D transition-metal dichalcogenide (TMD) material which has promising applications in optoelectronics and photonics because of its distinctive anisotropic attributes. In this review, we emphasize on formulating saturable absorbers (SAs) based on ReS2 to produce Q-switched and mode-locked pulsed lasers of diverse operation wavelengths like 1 μm, 1.5 μm, 2 μm, and 3 μm. We outline ReS2 synthesis techniques and integration platforms concerning solid-state and fiber-type lasers. We discuss the laser performance based on SAs attributes. Lastly, we draw conclusions and outlook by recommending additional improvements for SA devices so as to advance the domain of ultrafast photonic technology.