You could do that with induction, you just need a pan with a wedge shaped base. Put your steak or whatever on the slope and the juices run to the bottom.
You could get a wok-like effect by having a pan with a bowl shaped inside, for the juices to collect at the bottom, and a flat bottom to contact the hob.
I'm sure having a few special-purpose pans isn't beyond a (semi-)serious chef. You could also have conversion widgets: a steak-cooking slope that you fit inside a regular flat pan, just like you get egg poachers and similar addons.
Theo