As per Intent Market Research, the PACS and RIS Market was valued at USD 2.3 Billion in 2024-e and will surpass USD 3.5 Billion by 2030; growing at a CAGR of 7.1% during 2025-2030.
The PACS (Picture Archiving and Communication System) and RIS (Radiology Information System) market is revolutionizing the healthcare industry by streamlining medical imaging management and enhancing radiology workflows. This market is driven by increasing demand for improved diagnostic accuracy, the growing adoption of cloud-based solutions, and advancements in imaging technologies. With applications across radiology, cardiology, and oncology, PACS and RIS are indispensable tools for healthcare providers globally.
Software Segment is Largest Owing to Its Central Role in Diagnostic Imaging
Software holds the largest share in the PACS and RIS market as it forms the backbone of imaging and workflow management. Software solutions enable efficient storage, retrieval, and sharing of medical images while integrating seamlessly with hospital information systems (HIS).
The increasing focus on AI-powered imaging tools and predictive analytics is further boosting the adoption of advanced software solutions. Companies are innovating with features like real-time collaboration, enhanced security, and image processing algorithms, making software the cornerstone of modern diagnostic systems.
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Cloud-Based Deployment Mode is Fastest Growing Due to Scalability
The cloud-based deployment mode is witnessing the fastest growth, driven by its scalability, cost-effectiveness, and accessibility. Cloud solutions allow healthcare providers to manage imaging data securely while enabling remote access to radiologists and physicians.
With the growing adoption of telemedicine and the need for data interoperability, cloud-based PACS and RIS are becoming increasingly popular. Additionally, the reduced dependency on physical infrastructure and enhanced disaster recovery capabilities make this segment highly attractive.
Hospitals Segment is Largest Owing to High Volume of Imaging Procedures
Hospitals represent the largest end-user segment in the PACS and RIS market due to their extensive imaging needs across multiple specialties. Hospitals rely on PACS and RIS for managing high patient volumes, ensuring efficient workflows, and complying with regulatory requirements.
With the rise in chronic diseases and the need for integrated healthcare solutions, hospitals are heavily investing in advanced imaging technologies. The adoption of AI and machine learning in hospital PACS systems further underscores their role as primary end-users.
Radiology Segment is Largest Due to Core Dependency on Imaging
Radiology is the largest application segment in the PACS and RIS market, as it is inherently reliant on imaging technologies for diagnosis and treatment planning. Radiologists use PACS and RIS to streamline workflows, reduce turnaround times, and enhance image interpretation accuracy.
The continuous advancements in imaging modalities, such as CT, MRI, and ultrasound, are fueling the demand for robust PACS and RIS solutions in radiology. Additionally, the integration of AI is transforming radiology practices by automating routine tasks and enabling precise diagnostics.
North America is Largest Owing to Advanced Healthcare Infrastructure
North America is the largest regional market for PACS and RIS, driven by its well-established healthcare infrastructure, high adoption of advanced technologies, and supportive regulatory frameworks. The U.S. dominates the region, with significant investments in AI-enabled imaging solutions and cloud-based systems.
Moreover, the presence of leading market players and the growing focus on interoperability among healthcare providers contribute to North America’s leadership position. Initiatives like value-based care and the digitization of medical records further bolster the market in this region.
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Leading Companies and Competitive Landscape
The PACS and RIS market is highly competitive, with key players like GE Healthcare, Siemens Healthineers, and Philips Healthcare leading the industry. These companies are focusing on AI integration, cloud solutions, and strategic partnerships to stay ahead. Emerging players like Sectra AB and Intelerad Medical Systems are also gaining traction with innovative offerings.
The competitive landscape is marked by product launches, mergers and acquisitions, and regional expansions. As the demand for efficient imaging solutions continues to grow, companies are investing heavily in R&D to deliver cutting-edge technologies.
List of Leading Companies:
- GE Healthcare
- Siemens Healthineers
- Philips Healthcare
- Fujifilm Holdings Corporation
- Canon Medical Systems Corporation
- Agfa-Gevaert Group
- Carestream Health
- McKesson Corporation
- Sectra AB
- Allscripts Healthcare Solutions
- Merge Healthcare (IBM Watson Health)
- Intelerad Medical Systems
- RamSoft Inc.
- Novarad Corporation
- MedInformatix, Inc.
Recent Developments:
- GE Healthcare launched an AI-integrated PACS platform in 2024, aimed at improving diagnostic accuracy and workflow efficiency.
- In a major move, Siemens Healthineers completed its acquisition of Varian, enhancing its oncology imaging portfolio.
- Philips introduced a new cloud-based PACS solution in 2023, enabling secure data access and improved collaboration across healthcare systems.
- Fujifilm acquired a diagnostic imaging software company in 2024, strengthening its position in the PACS and RIS market.
Report Scope:
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Report Features |
Description |
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Market Size (2024-e) |
USD 2.3 Billion |
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Forecasted Value (2030) |
USD 3.5 Billion |
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CAGR (2025 – 2030) |
7.1% |
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Base Year for Estimation |
2024-e |
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Historic Year |
2023 |
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Forecast Period |
2025 – 2030 |
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Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
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Segments Covered |
PACS and RIS Market By Component (Software, Hardware, Services), By Deployment Mode (On-Premise, Cloud-Based, Hybrid), By End-User (Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Academic and Research Institutes), By Application (Radiology, Cardiology, Oncology, Orthopedics) |
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Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
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Major Companies |
GE Healthcare, Siemens Healthineers, Philips Healthcare, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Agfa-Gevaert Group, Carestream Health, McKesson Corporation, Sectra AB, Allscripts Healthcare Solutions, Merge Healthcare (IBM Watson Health), Intelerad Medical Systems, RamSoft Inc., Novarad Corporation, MedInformatix, Inc. |
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Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
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1. Introduction |
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1.1. Market Definition |
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1.2. Scope of the Study |
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1.3. Research Assumptions |
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1.4. Study Limitations |
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2. Research Methodology |
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2.1. Research Approach |
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2.1.1. Top-Down Method |
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2.1.2. Bottom-Up Method |
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2.1.3. Factor Impact Analysis |
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2.2. Insights & Data Collection Process |
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2.2.1. Secondary Research |
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2.2.2. Primary Research |
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2.3. Data Mining Process |
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2.3.1. Data Analysis |
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2.3.2. Data Validation and Revalidation |
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2.3.3. Data Triangulation |
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3. Executive Summary |
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3.1. Major Markets & Segments |
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3.2. Highest Growing Regions and Respective Countries |
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3.3. Impact of Growth Drivers & Inhibitors |
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3.4. Regulatory Overview by Country |
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4. PACS and RIS Market, by Component (Market Size & Forecast: USD Million, 2023 – 2030) |
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4.1. Software |
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4.2. Hardware |
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4.3. Services |
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5. PACS and RIS Market, by Deployment Mode (Market Size & Forecast: USD Million, 2023 – 2030) |
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5.1. On-Premise |
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5.2. Cloud-Based |
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5.3. Hybrid |
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6. PACS and RIS Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030) |
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6.1. Hospitals |
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6.2. Diagnostic Imaging Centers |
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6.3. Ambulatory Surgical Centers |
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6.4. Academic and Research Institutes |
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7. PACS and RIS Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
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7.1. Radiology |
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7.2. Cardiology |
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7.3. Oncology |
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7.4. Orthopedics |
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7.5. Other Applications |
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8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
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8.1. Regional Overview |
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8.2. North America |
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8.2.1. Regional Trends & Growth Drivers |
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8.2.2. Barriers & Challenges |
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8.2.3. Opportunities |
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8.2.4. Factor Impact Analysis |
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8.2.5. Technology Trends |
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8.2.6. North America PACS and RIS Market, by Component |
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8.2.7. North America PACS and RIS Market, by Deployment Mode |
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8.2.8. North America PACS and RIS Market, by End-User |
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8.2.9. North America PACS and RIS Market, by Application |
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8.2.10. By Country |
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8.2.10.1. US |
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8.2.10.1.1. US PACS and RIS Market, by Component |
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8.2.10.1.2. US PACS and RIS Market, by Deployment Mode |
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8.2.10.1.3. US PACS and RIS Market, by End-User |
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8.2.10.1.4. US PACS and RIS Market, by Application |
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8.2.10.2. Canada |
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8.2.10.3. Mexico |
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*Similar segmentation will be provided for each region and country |
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8.3. Europe |
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8.4. Asia-Pacific |
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8.5. Latin America |
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8.6. Middle East & Africa |
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9. Competitive Landscape |
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9.1. Overview of the Key Players |
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9.2. Competitive Ecosystem |
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9.2.1. Level of Fragmentation |
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9.2.2. Market Consolidation |
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9.2.3. Product Innovation |
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9.3. Company Share Analysis |
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9.4. Company Benchmarking Matrix |
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9.4.1. Strategic Overview |
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9.4.2. Product Innovations |
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9.5. Start-up Ecosystem |
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9.6. Strategic Competitive Insights/ Customer Imperatives |
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9.7. ESG Matrix/ Sustainability Matrix |
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9.8. Manufacturing Network |
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9.8.1. Locations |
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9.8.2. Supply Chain and Logistics |
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9.8.3. Product Flexibility/Customization |
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9.8.4. Digital Transformation and Connectivity |
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9.8.5. Environmental and Regulatory Compliance |
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9.9. Technology Readiness Level Matrix |
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9.10. Technology Maturity Curve |
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9.11. Buying Criteria |
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10. Company Profiles |
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10.1. GE Healthcare |
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10.1.1. Company Overview |
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10.1.2. Company Financials |
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10.1.3. Product/Service Portfolio |
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10.1.4. Recent Developments |
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10.1.5. IMR Analysis |
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*Similar information will be provided for other companies |
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10.2. Siemens Healthineers |
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10.3. Philips Healthcare |
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10.4. Fujifilm Holdings Corporation |
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10.5. Canon Medical Systems Corporation |
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10.6. Agfa-Gevaert Group |
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10.7. Carestream Health |
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10.8. McKesson Corporation |
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10.9. Sectra AB |
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10.10. Allscripts Healthcare Solutions |
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10.11. Merge Healthcare (IBM Watson Health) |
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10.12. Intelerad Medical Systems |
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10.13. RamSoft Inc. |
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10.14. Novarad Corporation |
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10.15. MedInformatix, Inc. |
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11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the PACS and RIS Market . In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the PACS and RIS Market . The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
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Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the PACS and RIS Market . These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
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Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
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