Amid reports that Woods plans to extend his hiatus from the game for as long as two years, the Scot insisted he would like to see the 14-time major winner back in action sooner rather than later.
"We'd love to have him play in the Ryder Cup but no one is sure how long this absence will last," said Monty.
"Let's hope it's a lot shorter than some people have mentioned. It's a shame and a pity this has happened to our iconic sportsman."
While confident that Woods will return to the game, Montgomerie is predicting a tough time for the golfer who has gone into exile since allegations over extra-marital affairs emerged in November last year.
"He's disproved everybody so far and no doubt he'll come back and win more majors," he added.
"I think it'll be tougher but he'll be out to prove he can still do it under huge pressure. I just hope things sort themselves out and he gets back to playing golf."