AZmed
- Company typePrivate
- Founded2018
- HeadquartersParis, France
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
AZmed firmographics
Firmographics- Name
- AZmed
- Legal name
- AZmed
- Website
- https://azmed.co
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
AZmed industry classification
Industry- Product category
- AI Radiology Software
- NAICS
- Diagnostic Imaging Centers (621512)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Radiology AI, CAD & Advanced Visualization Software (HLAHABAJ)
- akta.pro secondary industries
- Medical Imaging AI (HDAAAEAH), AI Orchestration & Imaging Analytics Platforms (Model Management/Triage) (HLACALAG), Imaging Interoperability & Standards Enablement (DICOM/HL7/FHIR/IHE) (HLACALAJ), Imaging Informatics & Workflow (PACS/RIS/VNA) (HLAHABAI), Universal Viewers & Enterprise Imaging Access (Zero-footprint/Diagnostic) (HLACALAD)
Keywords
Where AZmed is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
AZmed business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Others
Revenue model
- AI Radiology Software Subscriptions: AZmed generates revenue primarily through subscription licensing of its Rayvolve AI Suite to healthcare facilities. Healthcare organizations (hospitals, imaging centers, urgent care clinics) pay for access to AI modules that integrate into their existing PACS workflows. Pricing is quote-based and structured around the number of modules, facilities, and volume of X-rays processed. The model is recurring in nature as healthcare providers renew licenses annually.
- OEM/Embedded Licensing via Platform Partners: AZmed embeds its AI Suite within Fujifilm Synapse PACS through the Fujifilm AI Orchestrator. Revenue is generated through licensing arrangements with Fujifilm as the OEM partner, which distributes AZmed's technology as a native feature of its enterprise imaging platform. This creates a channel revenue stream where AZmed's tools reach customers without a direct sales touch.
- Channel Distribution (Nexus-MD): AZmed's partnership with Nexus-MD for U.S. distribution follows a channel/reseller model where Nexus-MD promotes and distributes AZmed's FDA-cleared tools (AZtrauma and AZchest) through its network of healthcare providers in the United States. This extends AZmed's market reach in the U.S. without building a direct sales infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | All modules (AZtrauma, AZchest, AZmeasure, AZboneage) available as part of the Rayvolve AI Suite, with modular or bundled deployment options. |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
AZmed product offering
Product offeringCore offering
AZmed develops and sells the Rayvolve AI Suite, a regulated AI radiology software platform that automatically analyzes X-ray images upon acquisition to detect fractures (AZtrauma), chest pathologies (AZchest), musculoskeletal measurements (AZmeasure), and pediatric bone age (AZboneage), delivering annotated DICOM secondary outputs into the radiologist's existing PACS worklist. It is sold primarily on annual subscription licenses to hospitals, emergency departments, urgent care clinics, outpatient imaging networks, and pediatric hospitals.
Product overview
AZmed offers two AI radiology platforms: the Rayvolve AI Suite (FDA-cleared and CE-marked) for X-ray analysis comprising four modules (AZtrauma for fracture/dislocation/effusion detection, AZchest for chest pathology, AZmeasure for orthopedic measurements, and AZboneage for pediatric skeletal maturity), and the Rayscan AI Suite (CE-marked) for CT imaging, beginning with AZnod for lung nodule detection. Both platforms integrate directly into PACS via DICOM standard, providing automatic worklist triage and annotated secondary outputs without requiring additional login or workflow changes.
Differentiator
Problem solved
Functional benefit
Brands
- Rayvolve AI Suite: AI-powered radiology platform for medical imaging analysis including fracture detection, chest X-ray analysis, musculoskeletal measurements, and pediatric bone age estimation.
- AZtrauma
- AZchest
- AZmeasure
- AZboneage
- Rayscan
- AZnod
Products and services
- Rayvolve AI Suite Integrated AI radiology software platform for hospitals, emergency departments, urgent care, and imaging centers that automatically analyzes X-ray images on PACS acquisition and provides CAD support, triage, and measurements within the existing radiologist worklist.
- AZtrauma FDA-cleared and CE-marked AI module for fracture, dislocation, and joint effusion detection on X-rays for adult and pediatric patients (ages 2+), providing automatic worklist triage and CAD output inside PACS.
- AZchest AI module for automated detection and triage of major heart and lung diseases from chest X-rays, including lung nodule detection, pneumothorax, pleural effusion, consolidation, and cardiomegaly, with FDA clearance and CE marking.
- AZmeasure CE-marked AI module for automated musculoskeletal measurements on X-rays, covering scoliosis (Cobb angle), hallux valgus, leg length discrepancies, hip dysplasia, and femoroacetabular impingement, with structured DICOM output eliminating inter-observer variability.
- AZboneage CE-marked AI module that estimates pediatric skeletal maturity from hand radiographs using the Greulich and Pyle method, generating structured reports comparing bone age to chronological age within 60 seconds of acquisition.
- Rayscan AI Suite AI software platform for CT imaging analysis introduced as a strategic extension of the Rayvolve portfolio, starting with pulmonary nodule detection (AZnod) and built to expand into additional CT use cases.
- AZnod CE-marked AI module that detects and characterizes pulmonary nodules on CT scans to support lung cancer screening and clinical assessment, delivered as the first product in the Rayscan suite.
Quantifiable outcome
- 83% turnaround time reduction with AZtrauma deployment
- +14 more outcomes
Companies that use AZmed
Customer profileNamed customers21 records
Segments5 records
Ideal customer profiles4 records
AZmed technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature8 records
AZmed partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Radin HealthcoreRadin Health and AZmed announced an expanded strategic partnership aimed at improving radiology workflows. AZmed received its third FDA clearance for the Rayvolve AI Suite's AZtrauma module, with Radin Health's cloud-based platform integrating AZmed's AI modules including AZtrauma and AZchest. The partnership supports the clearance with clinical validation data and enables joint go-to-market in the US market.
- FujifilmflagshipAZmed partnered with Fujifilm to integrate its complete Rayvolve AI Suite into Fujifilm's Synapse PACS via the Fujifilm AI Orchestrator. AZ Sint-Blasius in Belgium is the first hospital to deploy the integrated solution. The partnership enables zero-friction AI activation — radiologists receive AI analysis automatically without additional logins or workflow changes. AZmed and Fujifilm plan to expand beyond X-ray analysis to include AZnod (CT lung nodule detection) from the Rayscan suite.
- Nexus-MDcoreAZmed and Nexus-MD partnered to expand access to FDA-cleared AI radiology tools (AZtrauma and AZchest) across the U.S. healthcare market. Nexus-MD distributes AZmed's tools through its network of healthcare providers, supporting clinical decision-making and diagnostic workflow improvement.
- SimonMed ImagingcoreSimonMed Imaging deployed AZtrauma across 150 outpatient imaging locations across the United States and presented operational outcomes at RSNA 2023. Data from over 330,000 live X-ray cases demonstrated fracture turnaround time reduction from 48 hours to 8.3 hours and fracture detection rate increase from 10.4% to 11.8% after 6 months.
- AZ Sint-Blasius (Belgium)coreAZ Sint-Blasius deployed AZtrauma in August 2023 and expanded to the full Rayvolve AI Suite after a successful six-month clinical evaluation. As the first hospital to implement AZmed's full suite integrated through Fujifilm Synapse PACS, AZ Sint-Blasius provides ongoing clinical validation and reference site support for the Fujifilm partnership.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
AZmed competitors and assessment
Company assessmentDirect peers
- Gleamer: Gleamer is a French radiology AI startup with the closest direct overlap to AZmed—AI-powered X-ray analysis including fracture detection (BoneView), chest X-ray triage, and pediatric bone age assessment, integrated into PACS workflows. Both companies compete for the same European hospital and urgent care customers with similar AI-on-X-ray value propositions.
- Annalise.ai: Annalise.ai builds comprehensive AI imaging models covering chest X-ray, CT, and musculoskeletal findings, competing directly with AZmed's Rayvolve and Rayscan suites. Both target enterprise radiology deployments via PACS integration and OEM partnerships and emphasize regulatory clearance breadth and multi-pathology coverage.
- Qure.ai: Qure.ai is a well-funded radiology AI company whose qXR product directly overlaps with AZmed's AZchest (chest X-ray pathology detection) and qER competes in head CT. Both companies pursue FDA/CE cleared AI tools targeting emergency and urgent care, with global emerging-market expansion strategies.
- Lunit: Lunit is a publicly listed Korean radiology AI company with Lunit INSIGHT CXR (chest X-ray) and Lunit INSIGHT MMG (mammography) directly overlapping with AZmed's AZchest chest pathology detection. Both compete for enterprise radiology contracts globally with FDA/CE cleared AI modules.
- Aidoc: Aidoc is a leading AI radiology platform offering triage and detection algorithms across CT and X-ray modalities, integrated into PACS workflows via the Aidoc aiOS platform. While broader in modality than AZmed today, Aidoc represents a comparable AI-orchestration-and-detection vendor competing for the same hospital enterprise contracts.
- RapidAI: RapidAI provides AI-driven imaging analysis primarily for stroke and vascular imaging, with PACS/workflow integration comparable to AZmed's Rayvolve suite. While AZmed is X-ray focused and RapidAI is CT/neurovascular focused, both target acute care hospital customers with similar OEM and channel-driven GTM motions.
- Viz.ai: Viz.ai is a leader in AI-powered clinical workflow and detection, with FDA-cleared modules for stroke (LVO) triage expanding into cardiology and trauma. While the modality focus differs (CT/angio vs. AZmed's X-ray focus), Viz.ai shares AZmed's enterprise field-sales and channel-driven GTM targeting acute care hospitals.
Broad incumbents
- Philips (AI Radiology): Philips is a global incumbent in medical imaging whose AI Radiology portfolio (including the Philips Radiology AI Suite integrated with their PACS) overlaps with AZmed's Rayvolve and Rayscan. Philips is both an integration partner for AZmed and a broader competitor offering an end-to-end imaging + AI + reporting stack.
Others
- Blackford Analysis (Bayer): Blackford Analysis (now part of Bayer AG) operates an AI platform that aggregates third-party radiology AI algorithms, including AZmed's Rayvolve suite, for distribution to hospitals. Blackford is both an integration partner and a channel competitor that could resell competing AI algorithms alongside AZmed's.
Emerging players
- Imagen Technologies: Imagen Technologies (now Imagen) develops FDA-cleared AI for MSK and fracture detection on X-rays with workflow integration similar to AZmed's AZtrauma. Both target outpatient imaging and urgent care customers with embedded PACS AI, representing meaningful direct overlap in the fracture detection niche.
Market position
Strengths5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
AZmed social profiles
Digital presenceAZmed compliance and trust
Trust signalCompliance3 records
AZmed financial estimates
Financial estimateRevenue estimate
Valuation estimate
AZmed leadership team
Management profileNumber of profiles
Profiles3 records
AZmed funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AZmed M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AZmed
What does AZmed do?
AZmed develops and sells the Rayvolve AI Suite, a regulated AI radiology software platform that automatically analyzes X-ray images upon acquisition to detect fractures (AZtrauma), chest pathologies (AZchest), musculoskeletal measurements (AZmeasure), and pediatric bone age (AZboneage), delivering annotated DICOM secondary outputs into the radiologist's existing PACS worklist. It is sold primarily on annual subscription licenses to hospitals, emergency departments, urgent care clinics, outpatient imaging networks, and pediatric hospitals.
Is AZmed a public or private company?
AZmed is a private company. It is classified as venture growth investor backed and is currently operating.
When was AZmed founded?
AZmed was founded in 2018. It employs 51 to 100 people.
Where is AZmed based?
AZmed is headquartered in Paris, France, in the Europe region.
How does AZmed make money?
Three revenue lines are on record. AI Radiology Software Subscriptions are the primary driver. The others are OEM/Embedded Licensing via Platform Partners and channel Distribution (Nexus-MD).
Who are AZmed's main competitors?
Direct peers on record are Gleamer, Annalise.ai, Qure.ai, Lunit, Aidoc, RapidAI and Viz.ai. Philips (AI Radiology) is listed as a broad incumbent. Blackford Analysis (Bayer) is listed as an others. Imagen Technologies is listed as an emerging player.
Does AZmed have an API?
No public API is recorded for AZmed.
What industry is AZmed in?
AZmed's product category is AI Radiology Software. Its primary akta.pro industry code is HLAHABAJ, Radiology AI, CAD & Advanced Visualization Software, with a secondary code of HDAAAEAH, Medical Imaging AI. Its NAICS code is 621512 and its SIC code is 3841.