Raul Jimenez is set to be discharged from hospital next week, with Wolves saying the forward is making "excellent progress" in his recovery after fracturing his skull.
Jimenez has been in a London hospital since Sunday night after the sickening clash of heads with Arsenal's David Luiz in the Premier League game at the Emirates.
The Mexico international was given oxygen on the pitch after the incident and then stretchered off by medical staff, later undergoing an operation.
There is no timescale on Jimenez's return but club doctor Matt Perry has revealed that the 29-year-old is recovering well.
Dr Perry said: “Following Raul’s injury on Sunday, and the subsequent surgery, he has been recovering well in hospital.
“We are delighted with the reports from his specialist; he has made excellent progress. He should be ready to leave hospital by early next week.
“Once home, he will be reunited with his partner and young daughter who, because of Covid restrictions, he hasn’t seen since Sunday night.
“As his doctor I am not going to disclose any more details of his injury, his surgery or provide daily accounts of his recovery.
“Any injury of this nature is complex and timescales are uncertain but it’s safe to say that Raul’s most immediate needs are simple: space, rest and peace.
“Raul and his family are very thankful for the privacy they have been given, and for the overwhelming support they have felt from the football family and beyond.
“Raul is extremely grateful for all the messages of goodwill he continues to receive, which will certainly help him during his recovery.”
Wolves fans have smashed a fundraising target to create a banner in honour of Jimenez, which will be displayed in the top tier of the Steve Bull Stand at Molineux.
Nuno Espirito Santo, the Wolves head coach, will address Jimenez's injury on Friday at his weekly press conference.