Source : Webster's Revised Unabridged Dictionary (1913)

Arterialize \Ar*te"ri*al*ize\, v. t. [imp. & p. p.
   {Arterialized}; p. pr. & vb. n. {Arterializing}.]
   To transform, as the venous blood, into arterial blood by
   exposure to oxygen in the lungs; to make arterial.

Source : WordNet®

arterialize
     v : change venous blood into arterial blood [syn: {arterialise}]