The 22-year-old had initial scans on Saturday after hurting his left knee in the third term of Friday's NAB Challenge game against Carlton at Visy Park but the report was inconclusive.
Further scans on Monday have shown that Martin had not torn his anterior cruciate ligament and will not require surgery.
"It’s great news for us and Brodie, but particularly Brodie," said Phil Harper, Crows football operations general manager.
"He was obviously distraught on Friday night but then the scans were done and the ACL appeared fine.
"Hopefully he will be back training next week."
The wingman is expected to miss one or two games before returning to the training track.
It is a lucky escape for Martin, who had the same knee reconstructed late in season 2009.
After a long stint on the sideline, Martin returned to the SANFL in round 13 last year, impressing the selectors and earning a promotion to Adelaide's senior side for the final two games of the season.
Friday's NAB Challenge match in Melbourne was not a memorable one for Adelaide with the club coming away with a string of injuries.
Mature-aged rookie Ian Callinan tore his bicep off the bone and is likely to miss the next 10 to 12 weeks, while spearhead Kurt Tippett injured his ankle and looks set to be sidelined for two weeks and Ricky Henderson sustained a knock to the head.
Adelaide will return to Visy Park on Friday night to face Richmond and could welcome back captain Nathan van Berlo from a hamstring injury, as well as forward Jason Porplyzia and midfielder David Mackay.
Brodie Martin is a $232,600 midfielder in the Toyota AFL Dream Team competition.
