The oxyhemoglobin dissociation curve shows the relationship between oxygen concentration and hemoglobin saturation in the blood. It demonstrates how hemoglobin binds to oxygen in the lungs when partial pressure of oxygen is high, and releases oxygen into tissues where partial pressure is low. Several factors can shift the curve left or right, changing hemoglobin's affinity for oxygen and impacting how much oxygen is unloaded to tissues. These include pH, carbon dioxide levels, 2,3-DPG, temperature, and certain conditions like methemoglobinemia.