UI Scaling was added to PC circa 1.3.5 - as such, yeah, I would say that barring any hardware limitations it will come to console at some point.
Current console was branched from 1.3.0 era content. Now, as to whether the PW guys can weave in that one element from 1.3.5 sooner, I would have to defer to them on that. It is an interesting thing to consider/explore.
@Ultimate snowman 46 - Checked with the ongoing changelog and that one is on the list of things that should already be sorted with the next update that
@ClearConscious mentioned.