Why is Littman so expensive?

I've noticed that Littman products tend to carry a significantly higher price tag compared to other brands in the market. Could you possibly explain why this is the case? Are there specific features or qualities that justify the high cost? I'm genuinely curious about the value proposition behind Littman's pricing strategy. It seems to me that while the brand enjoys a certain reputation, there must be more to it than just the name. Would you mind shedding some light on this matter? I'm keen to understand what makes Littman so unique and deserving of its premium pricing.