A smart condom comprises a sheath comprising a body (1), an open end (2), a close end (3) and a sensing element (4). A method for making a smart condom comprises mounting a sensing element (4) to a condom before the condom is molded, or during the molding of a condom, or after a condom has been molded, so as to form the smart condom. A system for collecting and analyzing user physical characteristic data and/or user movement data comprises an intelligent terminal and a smart condom having sensing function. With the smart condom and the intelligent terminal of the system, user(s) will be able to directly and accurately get the physical characteristic data and/or movement data in real time, adjust the body condition and control the pace during the sexual intercourse.