Peters, a third-round draft pick in 2010, has started 30 of 31 career games for Atlanta. He has been sidelined since May because of a stress fracture in his left foot.
Peters is likely to work behind Peria Jerry when the Falcons (6-0) visit Philadelphia (3-3) on Sunday.
Atlanta waived cornerback Terrence Johnson to make room for Peters on the 53-man roster.
No. 3 receiver Harry Douglas will not play against the Eagles because of injuries to his left ankle and left knee. Drew Davis could take some extra snaps in his absence.
Starting right guard Garrett Reynolds is listed as questionable for Sunday. He was limited in practice this week with a sore back.