Ketals are where the C=O of a ketone group is effectively hydrated to 2 hydroxy groups (see top reaction). These are unstable and spontaneously dehydrate and revert back to the ketone form. When the hydrogen of the OH groups are replaced by an organic group (CH3, C2H5 etc), it forms a stable adduct (bottom left structure). If the compound containing the C=O group also contains an OH group, it's possible for it to form a cyclic ketal (bottom right structure). This is the method by which ketoses (sugars) such as fructose can form a ring structure allowing them to be combined in chains.
Bicyclic just means two attached rings (one may be a cyclic ketal)