The injection is designed to stimulate recovery in the 22-year-old's joints. The team says he is receiving the treatment on Tuesday and should be able to return to physical activity in two weeks.
Because of the treatment, Kanter will not take part in the FIBA World Cup with the Turkish national team.
The 6-foot-11 center averaged 12.3 points and 7.5 rebounds last season in 80 games, including 37 starts. He had 24 double-doubles.
Kanter was selected with the third overall pick in the 2011 draft out of Kentucky.