'Major setback' for the English camp as Atkinson leaves the field with a hamstring injury.
The English seamer increased the injury concerns plaguing England when he left the playing area early on day two of the fourth Ashes Test in the Ashes series.
The right-arm seamer felt a problem in his hamstring immediately following a delivery that he bowled on Saturday.
Team management stated Atkinson had experienced "tightness" and required time off the field to undergo evaluation "in the coming hours".
The final Test of the tour at the SCG begins at the end of the week.
The visitors have previously lost strike bowlers one seamer to a knee injury and another paceman with an abdominal strain on the current trip.
A replacement bowler was called up as cover for Wood.
The seamer had a tough time during the first two matches, claiming a mere three wickets.
He was dropped from the previous Test, only to be brought back for the Boxing Day match to fill the void.
Atkinson performed better in the fourth Test, taking two wickets with the ball, then making 28 with the bat as one of just three teammates who passed ten runs.
Post a single over at the end of day one, he returned on Saturday morning and dismissed the nightwatchman edging to the keeper.
Yet, at the end of the fifth over, he sent down a slower ball to the batsman and suddenly grabbed for his hamstring.
The English bowler was recalled for the Melbourne match having missed of the third.