A system (100) and a method for analyzing a physiological condition of a user. The system (100) comprises one or more sensors (102a, 102b) to measure one or more parameters including temperature and relative humidity from the user's skin and/or a corresponding temperature and relative humidity from the user's environment via an air gap. A signal representative of the measured parameters is generated. The system (100) also includes at least one transceiver (108) communicably connectable to the sensing unit (102) via one or more communication interfaces, wherein the transceiver (108) is configurable to analyze one or more received signals to initiate one or more events based on the analyzed parameters of the user. The system (100) further includes a processing unit (110) to receive one or more signals from the transceiver (108) and uses artificial intelligence and machine learning techniques to alert users of an impending physiological condition.