Black Cats manager Martin O'Neill has spoken to Hull boss Steve Bruce about bringing the 23-year-old back to the Stadium of Light as he deals with a shortage of midfielders.
Injuries to captain Lee Cattermole and defender Phil Bardsley means that the ex-Northern Irish international needs more options and he described bringing Meyler back as a "certainty."
"I'm thinking about recalling David Meyler for our Christmas programme," O'Neill said.
"In fact, that looks like being a certainty. I've spoken to Steve Bruce about it and he understands the situation.
"He knows we're having a look at it and he appreciates the position," the former Celtic boss added.
The Tigers, meanwhile, are reported to be considering making a bid to sign Ireland winger Robbie Brady, who is currenly on-loan from Manchester United.
The 20-year-old is in impressive form for the promotion-chasing Championship club, who would have to pay an initial £2m for his services.
Brady is due to return to Old Trafford next month.