Keratoconus is a degenerative condition where the central cornea progressively thins and steepens, causing irregular astigmatism and vision changes. While the exact cause is unknown, risk factors include eye rubbing and genetic factors. Diagnosis is based on signs of corneal thinning, steepening, and irregularity seen on examination. Mild cases are managed with glasses or contact lenses, while more severe cases may require corneal collagen crosslinking or surgery.