An advanced technology facility is set to be established in Brisbane to produce microwearable sensors that can monitor diseases and other health conditions.

The facility is a first-of-its-kind, and part of a $30 million partnership funded by the Australian National University, the Queensland government and the Australian National Fabrication Facility.

The 'sticker-like' sensors can provide real-time monitoring and accurate reports on a patients' health for timely medical care.

It is believed that they can also replace frequent blood tests for some more serious diseases.

ANU's first innovation company, the Brisbane-based WearOptimo, will make the micro-wearable devices.

Professor Mark Kendall who is the founder and CEO says it's a thrill to receive this kind of support.

"The microwearables we're working on are designed to empower individuals and their healthcare providers - to put them in charge of tailored, rapid treatment and recovery," he said.

"Our sensors are at the cutting-edge of personalised treatment and healthcare, and we're working on tackling some of the biggest killers on the planet."

Professor Kendall said some examples of sensors range from alerting workers to dehydration, to detecting heart attacks and cardiovascular disease.

Deputy Premier Steven Miles says the government is proud to invest in world-leading technology and improving the care of seriously ill patients.

"It's exciting that such a revolutionary medical technology will be manufactured and distributed globally from Queensland and it will be the only one of its kind in Australia," he said.

Dr Miles added that 90 high-value jobs will be created with the potential for many more when the facility is operational.