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Page suffers from Orthostatic Intolerance, a condition that affects balance, breathing and coordination, the band says in a press release. The condition, which is related to blood-pressure issues, is not considered life-threatening.
Former understudy Sam Moran will replace Page as the Yellow Wiggle.
Page, 34, was a founding member of the Wiggles and has been playing with the group for 15 years.
"This emotional decision was one which was very difficult, as I have dedicated almost half my life to the Wiggles," he says. "With a question mark over my health, I feel that this is the right decision. I will miss The Wiggles and the other guys very much, as well as seeing all the children in the audiences that we perform in front of."
Wiggles performances combine live action and audience participation, with the help from a variety of costumed characters.
The band has sold more than 20 million videos worldwide and play more than 200 live shows annually. They also appear twice a day on the Disney Channel's Playhouse Disney programming block.
Murray Cook, the Red Wiggle, expressed his sadness about his bandmate's departure. "We've been through many adventures together. We will miss Greg as a superb singer, performer and songwriter, but mostly we'll miss him on the road as a friend and ally. We wish him well in dealing with his illness and in future."
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