I can’t speak to the details, but it’s pretty clear that there are pro tools that do a good job for audiophiles without the audiophile mark up.
I’ve read about people who claim equal or better performance for various products out of pro lines for a lot less money. Of course, the ear must be the guide, but often audiophiles are easy targets for markup.
Some examples I’ve read are people who use pro equipment as powered studio monitors, professional DACs/interfaces, headphones, and cables.
The audiophile market often emphasizes subjective qualities, exotic materials, beautiful casework, and brand heritage—all legit preferences, I guess, but they can result in diminishing returns on actual sound quality.
Of course some professional gear is voiced for mixing/mastering (clinical, fatiguing for long listening) rather than enjoyment. And...some audiophile designs do explore legitimate engineering approaches (certain tube implementations, specific driver technologies) that differ from pro priorities. So, the issue is complicated.

