The invention discloses a medicinal porous titanium implant and a method for preparing the same. The porous titanium implant is prepared by a powder coinjection molding method; and a nano HA and TGF loaded sustained-release gelatin microsphere compound coating is deposited on the porous outer layer of the product. The outer layer of the implant has a communicated porous structure, the thickness of the porous layer is 0.4 to 1.1 millimeters, the porosity of the porous layer is 50 to 70 percent, and the aperture of the porous layer is 50 to 400 mum; the surface of the porous layer is deposited; and the binding strength of the outer layer and an inner core is 150 to 300MPa. Compared with the prior medicinal titanium implant material, the material of the medicinal porous titanium implant has higher mechanical strength, is in accordance with the mechanical performance of osseous tissue, avoids stress concentration and stress shielding, promotes stress transmission and growth of new bones, reduces time for osseointegration, and ensures the long-term stability of the implant. The method adopts once-for-all molding without post machining, thereby considerably reducing the cost.