Barrett's esophagus is a condition resulting from chronic gastroesophageal reflux disease (GERD), characterized by intestinal metaplasia in the esophageal lining and an increased risk of esophageal cancer. It primarily affects white males aged 40-60 and is diagnosed through endoscopy and biopsy, with symptoms including persistent heartburn and swallowing difficulties. Management includes regular surveillance, medications, and potential surgical options.