The Briton, 21, has not played since April after undergoing operations on her wrists and ankle and has dropped to 289 in the rankings.
Having initially hoped to return to the WTA Tour in the autumn, Raducanu then set her sights on the exhibition Macau Tennis Masters event from December 2-3.
But organisers confirmed their line-up has changed because of injury, with Raducanu no longer among the players on show.
Raducanu will be able to use a protected ranking of 103 next year as she has been out of action for over six months and that could earn her a place in the main draw of the Australian Open in January.
