1) Hypoxia can lead to decreased ATP synthesis, lactic acidosis, impaired protein synthesis, and irreversible cell changes due to increased cytosolic calcium.
2) Pao2, Sao2, and oxygen content are important measures of oxygen levels in the blood. Pulse oximetry can monitor Sao2 non-invasively but has limitations.
3) Arterial blood gas analysis precisely measures oxygen, carbon dioxide, pH, and bicarbonate levels to assess oxygenation and ventilation.