The French forward, who joined Arsenal this summer from Ligue 1 champions Montpellier, has been struggling with a muscle injury since joining up with the international squad.
However, Deschamps is hopeful that the 25-year-old will be fit for Les Bleus' match against Belarus on Tuesday.
The former Marseille coach told reporters on Thursday afternoon: “He will work apart [from the squad], which will allow him to play the next match [against Belarus].
“Considering it’s a muscle problem, it is better to give him more time. I would have preferred Olivier at full fitness, but [football] is like that.”