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You don't need a lot of First Aid equipment to keep yourself protected on a hike. A basic First Aid toolkit should include sterile bandages, gauze, disinfectant, and preferably some surgical tape. There's no need to lug around wooden splint planks on the off-chance you might need them. In the unfortunate event that a bone fracture occurs on the trail, any rigid straight object will do. It just needs to be longer than the injured area.