“a normal assumption for the year, we start with 50 basis points of expansion on top of what we just ended the year.”

In context

“ng that the near-term conditions stay the same throughout the remainder of the year. You will need to make your own assumption around what that market growth is for next year. We'll have more clarity on that when we get towards the end of this year and know what the macro conditions are like. So it's not macro within our industry, it's the macro in terms of the overall economic situation across the globe. So we'll have a clearer view on that towards the end of this year. As Marc said earlier, we'll hold ourselves to the standard of delivering a couple of points higher than what the market growth is when we think about that. So as you leave in what assumption you have, I think the assumption is we'll be driving a couple of points of share gain above that. And then from a margin standpoint, a normal assumption for the year, we start with 50 basis points of expansion on top of what we just ended the year. And then when you think about my guide for this year, will be some small benefit of the carryover of the cost actions into 2023 as well. So that will help you think about the margin profile for ‘24 at this point and provide you a more refined view on that when we give the guidance for ‘24 in more detail. Thanks, Dan. Operator: Thank you. Our next question comes from Derik De Bruin from Bank of America. Derik, your line is now open. Please go ahead. Derik De Bruin: Hi, thank you and good morning. So Dan sort of asked so the question I wanted to talk to you about on ‘24. I guess, Marc, what's your view that we're not entering a more prolonged downturn in the life sciences tools market? And I'm just sort of thinking about this from a historical perspective when we've, sort of, seen some rese”