Aiming at wearable electronic equipment in wireless body area network communication, we propose a circularly polarized wearable antenna based on artificial magnetic conductor (AMC) for the problem of unreliable data transmission of linearly polarized wearable antenna and reduction of transmission distance due to the low gain of antenna. The AMC of in-phase reflection reflects the backward radiation to the top to reduce the damage of the antenna to human body. And the polarization direction of the reflected wave reflected through AMC is the same as that of the main direction, which makes the radiation performance of the antenna improved. Meanwhile, the antenna is flexible and lightweight due to the use of flexible polyimide and graphene films as the substrate and conductor materials. The antenna was also simulated and the prototype was fabricated and tested. The simulation results show that the working bandwidth covers 2.4–2.48 GHz, and the peak gain is 8.09 dBi. The peak specific absorption rate of 1 g and 10 g of human tissue at an input power of 350 mW is 1.48 W kg−1 and 0.65 W kg−1, respectively, which meets the safety standards.