The 29-year-old ace diver, who won the gold in 2002 Commonwealth Games and silver in the 2006, termed the decision to withdraw from the CWG 2010 as the hardest decision he has ever had to made.
“I am very disappointed that I will not be taking part in the Commonwealth Games and my decision to pull out of the event has been one of the hardest that I have had to make in my diving career," he said.
Waterfield's withdrawal comes over security and health concerns at the Delhi Games. Several athletes from Britain, Canada and other countries have already opted out on fears of terrorism and the outbreak of dengue in Indian national capital.
“I have attended two Commonwealth Games and three Olympic Games in the past, so I always knew that the living conditions would be basic, but I do not want to put myself at risk in Delhi.
“I have a wife and two young children who were very concerned about me attending the event and this decision is one that we have made as a family. I hope that people will understand and respect this," he said.
Waterfield, who was slated to compete in the 10 metre individual dive and the 10 metre platform synchronised dive events at the Commonwealth Games, added, “I was hoping to add to my gold and silver medals from the 2002 and 2006 Commonwealth Games respectively, and was also very excited about showing off my new dives."