Cataracts, characterized by cloudiness in the eye's lens, lead to decreased vision and are commonly linked to aging, with various types including nuclear sclerotic, cortical, and posterior subcapsular cataracts. They can result in symptoms such as blurred vision, sensitivity to light, and changes in color perception, and are associated with factors like smoking and diabetes. Diagnosis involves eye examinations, while treatment primarily includes surgical lens replacement as the effective method to restore vision.