Why we do not have same reference format for all journals when we definitely reach the same article even if followed different formats? Changing reference format each time is a foolish time wasting activity for all authors in my opinion.
International format for manuscript submission should be developed, it can be done but as different countries have different standards uniformity is required.
There are, as you mentioned, many different formats used. Some journals prefer an author-date system. Some do it as Vancouver style. I think it is because the emphasis in different journals is different, hence different preferences/standards. Basically, I don't think any one is "better", really, in my experience.
Here is my contribution to a similar discussion (https://www.researchgate.net/post/Why_cant_there_be_a_universal_reference_pattern_for_all_Journals):
Although a common standard for references would be welcome, it is unrealistic that all journals would agree with it. E.g., astronomical journals do not include the titles of the papers into the references, and astronomers have been used to this style for decades. I do not like this style, but others like it. The same is for all other parts of references. The styles of publications are also very different, and there are even differences in whether the given names of the authors are indicated or only their initials. As a historian of science, very often I have difficulties with the identification of an author if only his initial(s) is/are given. However, most others do not see a problem with this. It is very difficult, if not impossible, that all people agree on one style. You see these differences in opinions, politics, religions, dressing styles etc. of people all over the world out of science. And scientists are also humans with different opinions.