I don't really agree with this. I have seen where specs do require this, more often in audio applications, but I have seen many times where there was no such requirement. Also, it is unnecessary in most cases where an isolated ground is actually a valid concern (edited this where I said called for), IMO.
There is no code reason, and very likely no technical reason to ever use an isolated ground system.
When I said most specs, I was saying that wherever I had a project specification that required an isolated ground, it required a separate isolated grounding conductor for each circuit. Have not seen such a specification in a very long time.
It is very simply a design issue and the only code concern is that the equipment connected have an effective ground fault clearing path. That path can either be a standard equipment grounding conductor, or an isolated equipment grounding conductor.
The term "isolated equipment grounding conductor" probably should be replaced with "insulated equipment grounding conductor" as it is not "isolated" from the electrical system. It is insulated so that the only connection to the electrical system is at the equipment and at the location of the main or system bonding jumper whichever applies.