Ibrahimovic becomes a free agent in the summer having yet to agree an extension with runaway Ligue 1 leaders PSG and has previously hinted that the Premier League could be his next destination.
Henry, speaking to Sky Sports, also name-dropped Leicester City midfielder N'Golo Kante as a potential target for Arsene Wenger's side, while he has refused to rule the Gunners out of the title race with nine games to go.
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"I thought that [Olivier] Giroud did well at certain times during the season. He's been struggling but hopefully he's going to bounce back from the two goals in the FA Cup. Zlatan can do a job. And Kante could do a good job. Those guys that people don't know about are the ones we need to try to get.
"We need to see if we can win this one [the Premier League title in 2015-16]. There's not going to be a better chance than the chance that we have to win this one. Although we're far away from it at the moment, there's still some points to go so hopefully we can do it. It doesn't look like it but I still believe we can."