Physical dynamics can be simulated in Rhino using Grasshopper and kangaroo that are free plugins for Rhino.
Yes this is a decent solution when it comes to dynamics but even Blender offers a wider deep range of solutions when it comes to this aspect.
The thing here is that the industry will adopt the software that companies can afford and that satisfy it’s specific needs, we can’t say if some software it’s better than te other in a single phrase without explaining the use case for each one, NURBS software’s are more commonly use for production and manufacturing pieces where you need more control on dimensions, in that case modo would fart short on tools like surface analysis and unfolding surfaces, 2D parts Drawings and such. which are a essential part of the industrial design modeling.
Any company that only stays in one software is again short sighted. Let’s put it this way, no company would ONLY manufacture with just one output in mind (i.e just sheet metal or just injection molding). Software has to be looked at in much the same way. Not saying that every software needs to be purchased Rhino will never be Pro/E and Solidworks will never be zBrush. Modo is every bit as accurate as Solidworks but I agree that it is not a drafting tool. There are many times when a design/engineering director is behind the times and are not always keeping their eye out for the ever changing landscape that is 3D software.