I don't think anything similar exist in current other hardware wallet, and ColdCard was actually forced do invent this quick bandage solution after their older version Mk3 was recently hacked with extracted secret phrase and changed PIN.
If you ask me, I wouldn't use any of Coldcard devices, and all of them had big security flaws in past, so there is no reason to think anything better will happen with Mk4.
Mk2 had bad secure element that was revealed by ledger Donjon team, and most of Mk3 devices that exist today are all affected by their design flaw.