If the drive's firmware is faulty, SMART data will be faulty too. But can you say the percentage is somewhat high from what you dealt with, a little statistics? What I saw is my personal experience and it's definitely wouldn't be accurate as yours. I only saw a drive died out of nowhere a handful of times which is not high if I make it into a percentage.Though if the drive itself is faulty, it won't take long for it to die too.
The best I saw is a WD Caviar Black 500 GB drive from 2011 we use, still kicking. Took a backup because of its age a couple years ago but haven't died yet. The worst I saw was my friend's NVMe SSD that died in 3 months after he installed. Probably its firmware was also faulty because SMART didn't help that time.