The 22-year-old Germany international, a key player for the national team's 2026 World Cup hopes, sustained a fibula fracture with a broken and dislocated ankle following a collision with then-Paris Saint-Germain keeper Gianluigi Donnarumma in their Club World Cup match in Atlanta.
"The leg is progressing well and healing according to plan," Musiala told SportBild magazine. "I do not need crutches any more but I don't want to rush things. I will take the necessary time.
"I don't want to set a specific date. But given the progress I have made so far I want to be playing competitive matches with Bayern in 2025," he added.
Musiala, who finished last season with 21 goals and eight assists in all competitions as Bayern won the Bundesliga title, has not blamed the Italian keeper for his injury, saying such injuries happen in football.
"Mentally the first few weeks were not easy for me. But there is no point in being constantly frustrated about the situation," he said.