The Austrian, who recently experienced seven defeats in a row after his comeback, is focusing on the clay court tournaments in Hamburg, Kitzbühel and Bastad.
In Wimbledon, Thiem would have been in the main draw due to his ranking, which was protected by the injury.
The 28-year-old has not yet commented on his retirement.
Thiem is slipping more and more in the current world rankings. The right-hander now only occupies rank 352.
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