There were concerns when Woods decided not to risk playing at Bay Hill last week as a result of an injury that had been troubling him "for a few weeks".
American star Woods said he will be ready to return in Jacksonville this week.
"Everything is good," the 14-time major champion told Golfweek on Monday. "I feel good. I needed last week off.
"I didn't want to push it. No need to. Not at my age. Can't do that anymore."
— THE PLAYERS (@THEPLAYERSChamp) March 11, 2019
Woods said he had been hampered by the issue at the WGC-Mexico Championship, where he finished in a share of 10th last month.
The former world number one added: "I could feel it [in Mexico]. It wasn't fun. I couldn't make a backswing. I couldn't make a follow through. I couldn't make a complete swing."
Photo Getty Images. Caption: Former world number one Tiger Woods