The 25-year-old has been out of action since August with both thigh and calf injuries, but travelled to the States last month for extensive treatment and recovery on the issues.
And Reds boss Brendan Rodgers says the return of the former Manchester City and Chelsea man will be like having a new signing in his squad.
"A couple of years ago he came in the January window [from Chelsea] and made a great impact and has been fantastic when he has been fit here," he said.
"He is a top-class player who has a wonderful idea of the game and wonderful qualities and if you put him into any team it makes them a better team – his pace is frightening, his touch and his movement.
"The work he has done in America has been fantastic. He has been well supported out there and he has travelled about to get treatment from the best people in the world.
"We have had lots of collaboration with our people in America, a lot of great work has gone on, we have been monitoring it and he looks in a real good moment.
"We will assess him first, see where he is at and get the feeling from him.
"We are hoping at some point in January he will come back into the team and help us to achieve something."
Sturridge’s goals have been missed by Liverpool this season, with the Birmingham-born hitman having scored 36 goals in just 52 games for the Merseyside club.
His form with England had also been good coming into the new campaign, but it was whilst training with the Three Lions ahead of the first Euro Qualifier against Switzerland in September that Sturridge picked up his thigh injury
And Rodgers is hoping that the treatment and work he has done across the Atlantic means he can stay clear of any further niggles.
"As a footballer he is at a great age and if he can sustain his fitness he has already shown in his goals here - one of the quickest players to the goals record he has here – we are hoping he can stay fit and lead the charge for us over the next few years,” added Rodgers.
"We have to take our time on this one - not just for us at Liverpool but over his career what [treatment] has gone on hasn't clearly worked as he gets a number of games and then is unfit.
"We are aiming to look after the medium to long-term here and he won't be rushed.
"Hopefully he won't be too far away but we are looking forward to having him back."