A traction splint configured to apply traction to a patient's limb, the traction splint comprising: an outer member having a distal strap coupled thereto via a distal strap connector, the distal strap being configured to secure the traction splint to the patient's limb adjacent a distal end region of the traction splint; a middle member nested at least partially within the outer member; an inner member nested at least partially within the middle member and having a proximal strap coupled thereto via a proximal strap connector, the proximal strap being configured to secure the traction splint to the patient's limb adjacent a proximal end region of the traction splint, wherein at least a portion of the middle member is positioned between the inner member and the outer member; a first adjustment mechanism configured to selectively allow movement of the inner member with respect to the middle member; a second adjustment mechanism configured to selectively allow movement of the middle member with respect to the outer member; and a traction mechanism having a traction cord, wherein an external portion of the traction cord extends from the inner member adjacent the proximal end region of the traction splint, wherein the traction mechanism is configured to apply traction such that the inner member and the outer member are pressed away from one another when a tension force is applied to the external portion of the traction cord, wherein the traction splint is configured to be selectively and reversibly extended from a collapsed configuration towards an extended configuration by sliding the inner member in a longitudinal direction with respect to the middle member and by sliding the middle member in the longitudinal direction with respect to the outer member, wherein a first distance between the proximal end region of the traction splint and the distal end region of the traction splint in the collapsed configuration is less than a second distance between the proximal end region of the traction splint and the distal end region of the traction splint, in the extended configuration, wherein the proximal strap is configured to be selectively rotated, with respect to the inner member via the proximal strap connector, between a right-limb orientation and a left-limb orientation, wherein, in the right-limb orientation, the traction splint is configured to be secured to a patient's right limb, and wherein, in the left-limb orientation, the traction splint is configured to be secured to a patient's left limb, and wherein the distal strap is configured to be selectively rotated, with respect to the outer member via the distal strap connecter, between the right-limb orientation and the left-limb orientation. an outer member having a distal strap coupled thereto via a distal strap connector, the distal strap being configured to secure the traction splint to the patient's limb adjacent a distal end region of the traction splint; a middle member nested at least partially within the outer member; an inner member nested at least partially within the middle member and having a proximal strap coupled thereto via a proximal strap connector, the proximal strap being configured to secure the traction splint to the patient's limb adjacent a proximal end region of the traction splint, wherein at least a portion of the middle member is positioned between the inner member and the outer member; a first adjustment mechanism configured to selectively allow movement of the inner member with respect to the middle member; a second adjustment mechanism configured to selectively allow movement of the middle member with respect to the outer member; and a traction mechanism having a traction cord, wherein an external portion of the traction cord extends from the inner member adjacent the proximal end region of the traction splint, wherein the traction mechanism is configured to apply traction such that the inner member and the outer member are pressed away from one another when a tension force is applied to the external portion of the traction cord, wherein the traction splint is configured to be selectively and reversibly extended from a collapsed configuration towards an extended configuration by sliding the inner member in a longitudinal direction with respect to the middle member and by sliding the middle member in the longitudinal direction with respect to the outer member, wherein a first distance between the proximal end region of the traction splint and the distal end region of the traction splint in the collapsed configuration is less than a second distance between the proximal end region of the traction splint and the distal end region of the traction splint, in the extended configuration, wherein the proximal strap is configured to be selectively rotated, with respect to the inner member via the proximal strap connector, between a right-limb orientation and a left-limb orientation, wherein, in the right-limb orientation, the traction splint is configured to be secured to a patient's right limb, and wherein, in the left-limb orientation, the traction splint is configured to be secured to a patient's left limb, and wherein the distal strap is configured to be selectively rotated, with respect to the outer member via the distal strap connecter, between the right-limb orientation and the left-limb orientation.