Statue Of Buddha, Image Of Buddha
noun
You have Buddha and 像, which you learned mainly as "image" but can also mean statue. So that makes this a statue of Buddha. 仏像 can also just mean an image of Buddha, of course. 仏像 refers to statues, paintings, or artistic representations of Buddhist figures used as objects of worship. While it often means Buddha sculptures, it also includes depictions not just of the Buddha himself but other Buddhist deities as well.
ぶつぞう
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
日本で仏像を三体買いました。
I bought three Buddhist statues in Japan.
あそこの公園で、五十体もの仏像が出土されたそうです。
As many as fifty Buddha statues have been unearthed in the park there.
誰かがうちのオフィスに毎月仏像を一体ずつ送ってくるんです。心当たりのある方は、どうか名乗り出て下さい。
Someone sends a Buddhist statue to our office every month. If you are that person, please come forward and identify yourself.