Woods, ranked 12th, cited a neck strain he said he's had for a few weeks, adding he had no "long-term concerns".
He says his lower back is fine and he has no concerns over the long run. Woods tied for 11th at The Players in 2018.
The 43-year-old, eight-times victor of the tournament at Bay Hill in Orlando, announced on Twitter that he had been struggling with the problem for some time.
"I've been receiving treatment but it hasn't improved enough to play", said the 43-year-old American.
Terror probe after three explosive devices found at London station and airports
Key transport hubs in the British capital have been urged to be vigilant for other possible devices. "No arrests have been made". A second device was discovered in a post room at the Waterloo station around 11:40 a.m., and the area was cordoned off.
New Delhi is world's most polluted capital, Beijing eighth
In addition to human lives lost, there's an estimated global cost of $225 billion in lost labour, and trillions in medical costs. The study also showed South Asia's fight with worsening air quality and the economic toll it is expected to take worldwide.
Hillary Clinton says she's not running for president in 2020
Despite ruling out a presidential bid, Clinton said she "is not going anywhere" when it comes to speaking out about politics. Clinton has met with a range of candidates and individuals considering a presidential run, CNN reported.
This week marks week two of the four-week Florida Swing, as the PGA Tour stops in Bay Hill, Florida just outside of Orlando, for the 2019 Arnold Palmer Invitational presented by MasterCard.
His three-putt at the next, where he missed a five-footer, was not quite as dramatic but hardly less disappointing for one of the greatest talents to have played the game. The WGC Dell Match Play and the Masters are also less than six weeks away.
In his only other starts this year, Woods finished in a share of 20th place at the Farmers Insurance Open in late January followed by a T15 at the Genesis Open in mid-February. Any injury to the 80-time PGA Tour victor is sure to cause concern as his return has been a major boost to television ratings and media interest.
The Players Championship begins on March 14, and the golf world is back in the familiar position of waiting and wondering whether Woods will make it.