“…The main causes of hypoxaemia during anaesthesia, 50 which can be difficult to treat, are intrapulmonary shunt and ventilation-perfusion (V A :Q) mismatch 51 (Rees et al, 2010). Other potential causes of hypoxaemia include (1) hypoventilation, which can be 52 corrected by mechanical ventilation; and (2) diffusion limitation, which although unlikely to be 53 encountered in healthy horses, occurs at high intensity exercise (Wagner et al, 1989).…”