It seems more regulated healthcare systems are also significantly less capable of developing innovative treatments (although this could be a misunderstanding of mine)
I think it is a misunderstanding. The two places in the world where everyone agrees it is easiest to get medtech devices developed are Australia and Mexico.
(Source: was doing medtech development for a while in the early 2010s).
You are wrong on this point. Some years ago, I’ve undergo some pretty innovative surgery procedure (I was one of the first hundreds people in the entire world).
I don’t know how it works in the US but at least in France, most hospitals are part of universities so they are also doing a lot of research.