Olympic champion Axelsen out of Indonesia Open with ankle injury
The Dane rolled his right ankle during last week's Singapore Open, which forced him to withdraw from his semi-final.
Axelsen posted on social media that he had not recovered enough from the setback to play in this week's prestigious Super 1000 event in Jakarta.
"I've been trying all I can to get ready for the Indonesia Open, but unfortunately I'm not fit to play," the world number one wrote on the platform X.
"Will miss playing here in Jakarta. I promise to be back soon again."
The 30-year-old picked up the injury during a last-16 victory over Taiwan's Lin Chun-yi in Singapore.
He went on to win his quarter-final against Malaysia's Leong Jun Hao before withdrawing.
The Olympic badminton tournament begins on July 27 in Paris.